Rockwell Automation Acquires Oil And Gas Wireless Company vMonitor

Transaction Type
Sellers
Announce Date
Post Date
Estimated Price
MM
Description

To purchases a global provider of wireless solutions in the oil and gas industry.

Rockwell Automation Inc. has agreed to purchase VMonitor, a global provider of wireless solutions in the oil and gas industry, a news release said.

VMonitor delivers monitoring and control solutions for wellhead and upstream applications that combine wireless instrumentation and communication with visualization software with goals of helping customers make more informed decisions and improving production, according to the release.

The company’s technologies include an all-wireless portfolio of wellhead sensors and transmitters, remote terminal units, gateways and modems, as well as turnkey monitoring, and control systems and services. These offerings cover a broad range of applications from oil and gas wells, pipelines, pumping and lift stations, to refineries and tank farms.

The acquisition is expected to close within two months. VMonitor will then become part of the Rockwell Automation Control Products and Solutions operating segment, the release said.